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SenseTime spinout Sunrise raises RMB 3 billion (USD 420 million) to develop next-gen AI inference chips, backed by various investors including Sany Group and IDG Capital.

PRIVATEJan 26, 2026•5 months ago

Amount Raised

$420 Million

Namur

Investors

Cct Mixed Reform FundIcbc InvestmentE Fund ManagementSoul CapitalGreen Pine Capital PartnersPuhua CapitalCicc CapitalInfini CapitalGaorong VenturesIdg CapitalGcl TechnologyCp Robotics4 ParadigmHx CapitalSany Group

Description

Chinese chipmaker Sunrise has raised nearly RMB 3 billion (USD 420 million) in funding to develop its next-generation artificial intelligence chips. The funding will also support large-scale production and the development of necessary software tools for commercial deployment. Founded in 2020, Sunrise specializes in optimizing chips for AI inference workloads. The company was previously a part of SenseTime before spinning out.

Company Information

Company

Sunrise

Location

Namur, Namur, Belgium

About

Founded in 2015 by Laurent and Pierre Martinot, Sunrise aims to democratize access to care for sleep apnea syndrome. This serious respiratory disorder is known for multiplying mortality risk by factor 3. The Sunrise innovation is based on more than ten years of research : the technology detects respiratory events based on the analysis of the respiratory drive (which is reflected in the contractions of the respiratory muscles and the movements these cause at the level of the chin). In 2021, it gained an award at the CES in Las Vegas. Currently, about twenty people (located in Belgium and France) work for Sunrise, a scale-up that aims to market its medical device in the United States and France. www.hellosunrise.com [1] Benjafield AV, Ayas NT, Eastwood PR, Heinzer R, Ip MS, Morrell MJ, Nunez CM, Patel SR, Penzel T, Pépin JL, Peppard PE, Sinha S, Tufik S, Valentine K, Malhotra A (2019) Estimation of the global prevalence and burden of obstructive sleep apnoea: a literature-based analysis. Lancet Respir Med 7:687-698. – https://www.thelancet.com/pdfs/journals/lanres/PIIS2213-2600(19)30198-5.pdf [2] Heinzer R, Vat S, Marques-Vidal P, Marti-Soler H, Andries D, Tobback N, Mooser V, Preisig M, Malhotra A, Waeber G, Vollenweider P, Tafti M, Haba-Rubio J (2015) Prevalence of sleep-disordered breathing in the general population: the HypnoLaus study – https://pubmed.ncbi.nlm.nih.gov/25682233/ [3] Benjafield AV, Ayas NT, Eastwood PR, Heinzer R, Ip MS, Morrell MJ, Nunez CM, Patel SR, Penzel T, Pépin JL, Peppard PE, Sinha S, Tufik S, Valentine K, Malhotra A (2019) Estimation of the global prevalence and burden of obstructive sleep apnoea: a literature-based analysis. Lancet Respir Med 7:687-698. https://www.thelancet.com/pdfs/journals/lanres/PIIS2213-2600(19)30198-5.pdf [4] Frost & Sullivan, Hidden Health Crisis Costing America Billions (2016) – page 4: https://aasm.org/resources/pdf/sleep-apnea-economic-crisis.pdf SOURCE Sunrise

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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